Posted 10/21/2010 11:57 am
Yea, if they are VF or better I would definitely buy them as long as they arent all 1950's and 1960's. Other than a few semi keys, they need to be MS to be really worth more than melt...
If they are a bunch of VF or better Mercs, VF or better walkers, or any Barber coins G or better, I would buy them at melt all day long.
If you were to just buy them to flip them for a quick profit remember, most dealers will pay 75-80% of the melt value, so they can sell them at melt. So to just break even silver would probably have to go up about 4 or 5 dollars.
If you sell to collectors, it would only have to go up about 3 dollars to make about a dollar per $1 Face.
I would only buy them if they have numismatic value... If you are buying for bullion value, just go to a dealer and buy a 1oz round/bar.
If they are a bunch of VF or better Mercs, VF or better walkers, or any Barber coins G or better, I would buy them at melt all day long.
If you were to just buy them to flip them for a quick profit remember, most dealers will pay 75-80% of the melt value, so they can sell them at melt. So to just break even silver would probably have to go up about 4 or 5 dollars.
If you sell to collectors, it would only have to go up about 3 dollars to make about a dollar per $1 Face.
I would only buy them if they have numismatic value... If you are buying for bullion value, just go to a dealer and buy a 1oz round/bar.
Edited by Namachieli
10/21/2010 12:03 pm
10/21/2010 12:03 pm
